Atlanta - 2080 Media, a company that helps customers produce and distribute untelevised live sporting events, has raised $3 million in venture capital, according to a report by the Atlanta Business Chronicle.

Atlanta - PlayON Sports, a unit of Turner Sports, said on Wednesday that it has signed a deal with the American Basketball Association (ABA), to stream the league's games on an exclusive ABA broadband channel. Beginning with the 2007-08 season, which kicks off on Nov. 10, PlayON will offer a subscription service featuring around 300 games. The service will be available internationally, and focus on ABA teams in the U.S., Canada and Mexico. PlayON also streams NCAA games from the ACC and operates NASCAR.com and PGA.com.